Business Development Manager – Co Brand Credit Cards

U.S. Bank • Minneapolis, MN

2d • Hybrid

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Overview U.S. Bank is seeking a strategic, relationship‑driven Business Development Manager to support growth in our Co‑Brand Credit Card portfolio. This role plays a key part in expanding U.S. Bank’s consumer and small business card business by identifying, evaluating, and securing new co‑brand partnerships for our Payments: Consumer & SMB business line. The ideal candidate brings relevant card program management and/or business development experience, strong communication skills and financial acumen, and the ability to work collaboratively across a large organization.

Nice To Haves

• 5–10+ years of experience in payments-related business development or co-brand partnerships
• Strong understanding of co‑brand program economics and credit card P&Ls
• Demonstrated success building executive‑level relationships and managing complex deal cycles.
• Exceptional communication, negotiation, and presentation skills.
• Ability to collaborate effectively across a matrixed environment and influence senior stakeholders.
• Analytical mindset with experience developing financial models and business cases.
• Integrity, sound judgment, and commitment to U.S. Bank values.

Responsibilities

• Identify, evaluate, and prioritize new co‑brand partnership opportunities across industries such as financial services, T&E, automotive, and small business verticals
• Lead the end‑to‑end business development lifecycle for assigned deals – including prospecting, pitch development, RFP responses, and contract negotiation.
• Build compelling partnership proposals that clearly articulate U.S. Bank’s value proposition and differentiation
• Collaborate with multiple internal groups across the bank -- including product development, marketing, risk management, finance, and relationship management to ensure U.S. Bank is putting forth compelling and market-leading proposals

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees